US EditionTrump signs order extending China tariff truce by 90 days, White House says
UNITED STATES, AUG 12 – President Trump signed an executive order extending the tariff pause with China for 90 days to avoid escalating trade tensions and support ongoing negotiations on key trade issues.
- On August 11, President Donald Trump issued an executive order to prolong the current pause on tariff increases with China by an additional 90 days, just before the existing agreement was set to expire.
- This extension follows the initial 90-day pause agreed in May, during which both countries reduced tariffs and resumed rare earth mineral exports.
- A third session of negotiations took place in Stockholm, featuring key figures such as U.S. Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng, reflecting ongoing diplomatic efforts.
- Trump described his relationship with President Xi Jinping as "very good," while Bessent expressed optimism that the U.S. had the makings of a deal, saying, "we're about halfway there."
- The extension aims to ease fears of a renewed trade war and allows both countries more time to resolve issues like tariffs tied to fentanyl trafficking and sanctioned oil purchases.
189 Articles
189 Articles
Most markets rise as China-US truce extended, inflation in focus
HONG KONG, China – Asian markets mostly rose Tuesday as investors welcomed the extension of a China-US tariff truce but looked ahead apprehensively to the release of key US inflation data later in the day. Donald Trump’s widely expected trade announcement avoids the reimposition of sky-high levies and allows officials from Washington and Beijing to
Asian shares advance on relief that Trump is delaying higher China tariffs
Asian shares mostly advanced Tuesday after President Donald Trump delayed raising tariffs on China for another 90 days.Japan's benchmark Nikkei 225 jumped 2.6% to 42,942.14, topping its past all-time record. Toyota Motor Corp.'s shares surged 3.3% and other heavyweight shares also saw big gains.Hong Kong's Hang Seng slipped nearly 0.2% to 24,865.07, while the Shanghai Composite edged up 0.3% to 3,658.62. Trump signed an executive order Monday pu…
Both sides had suspended higher tariffs in the current trade dispute until Tuesday. Now this agreement was extended for another 90 days.
Trump Signs Executive Order Extending Heightened Tariff Suspension On China For 90 Days — Says Getting Along With Beijing 'Very Well'
President Donald Trump signed an executive order on Monday, extending the suspension of heightened tariffs on China for another 90 days, keeping the current 10% reciprocal tariff in place until Nov. 10, 2025. In a post on Truth Social, Trump said, “I have just signed an Executive Order that will extend the Tariff Suspension on China for another 90 days,” while adding that all other elements of the agreement remain the same. Move ‘Necessary’ To F…
Washington, Aug 11 (EFE).- U.S. President Donald Trump signed an executive order this Monday to extend the entry into force of tariffs for China for another 90 days as negotiations continue between the two superpowers. The Republican signed the decree just hours before midnight, when the tariff break for the Asian giant was due to expire. The new tariff extension was the expected outcome after the last round of negotiations between the U.S. and …
US President Trump Extends China Tariff Suspension Until November
Get latest articles and stories on World at LatestLY. US President Donald Trump has signed an executive order "further modifying reciprocal tariff rates to reflect ongoing discussions with the People's Republic of China (PRC)." World News | US President Trump Extends China Tariff Suspension Until November.
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